Monetary Policy

Bank of Canada may need to raise rates again, despite this week’s hold: Macklem

In a speech on Thursday, BoC governor said reining in inflation is the best way the central bank can support the economy

By Nojoud Al Mallees, The Canadian Press |September 7, 2023

3 min read

NDP leader calls for Bank of Canada mandate review as key rate holds steady

Ontario and British Columbia premiers also make direct appeals to the bank to not increase rates

By The Canadian Press |September 6, 2023

1 min read

Q&A: What today’s interest rate decision means

Experts weigh in on the Bank of Canada's intentions

By The Canadian Press |September 6, 2023

4 min read

Bank of Canada holds key rate steady at 5%, says economy is weakening

Central bank says it's ready to raise interest rates further if needed

By The Canadian Press |September 6, 2023

3 min read